VOL. XXXVIII

NO. 34

22-MAY-1995

Algeria

Sonatrach Signs Production-Sharing Agreement With Agip

Algeria's national oil company Sonatrach and Italy's Agip on 13 May signed aproduction-sharing agreement for hydrocarbon exploration and production inZemoul El Kbar Block 403 in the Erg Oriental, located some 180 km. east of HassiMessaoud. Agip already has concession permits in the area and has made somediscoveries which it plans to put into production later this year. Theagreement, which covers an area...